SHALPAINTS technical summary

At ₹80.45, Shalimar Paints Limited is trading 0.1% above its 50-day average of ₹80.4 and 29.1% above its 200-day average of ₹62.3. The 14-day RSI is 51.0, in the neutral range between 30 and 70. MACD is 0.35 against a signal line of 0.33, so the MACD line sits above its signal line. ADX(14) reads 12.4, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹35.21 to ₹95.95, with the price 74% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹80.63, resistance ₹82.26 and ₹83.37, support ₹79.52 and ₹77.89.